Ronglian Group Ltd
Ronglian Group Ltd. provides information technology(IT) services in China and internationally. It provides system integration services, including data center construction, data storage, disaster recovery and backup, network and information security, intelligent buildings, security systems, AI artificial intelligence applications, software customization and development, etc., as well as develops b… Read more
Ronglian Group Ltd (002642) - Total Assets
Latest total assets as of September 2025: CN¥2.56 Billion CNY
Based on the latest financial reports, Ronglian Group Ltd (002642) holds total assets worth CN¥2.56 Billion CNY as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Ronglian Group Ltd - Total Assets Trend (2008–2024)
This chart illustrates how Ronglian Group Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ronglian Group Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Ronglian Group Ltd's total assets of CN¥2.56 Billion consist of 77.2% current assets and 22.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 21.3% |
| Accounts Receivable | CN¥916.17 Million | 40.3% |
| Inventory | CN¥296.98 Million | 13.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥220.95K | 0.0% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2008–2024)
This chart illustrates how Ronglian Group Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ronglian Group Ltd's current assets represent 77.2% of total assets in 2024, a decrease from 97.6% in 2008.
- Cash Position: Cash and equivalents constituted 21.3% of total assets in 2024, down from 25.0% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 40.3% of total assets.
Ronglian Group Ltd Competitors by Total Assets
Key competitors of Ronglian Group Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shijihengtong Technology Co. Ltd. A
SHE:301428
|
China | CN¥2.48 Billion |
|
ZJBC Information Technology Co Ltd
SHE:000889
|
China | CN¥889.19 Million |
|
Yunnan Nantian Electronics Information Co Ltd
SHE:000948
|
China | CN¥8.21 Billion |
|
NetX Holdings Bhd
KLSE:0020
|
Malaysia | RM111.41 Million |
|
Guomai Technologies Inc
SHE:002093
|
China | CN¥4.63 Billion |
|
Shanghai HiTech Control System
SHE:002184
|
China | CN¥3.19 Billion |
|
SZZT Electronics Co Ltd
SHE:002197
|
China | CN¥5.70 Billion |
|
Talkweb Information System Co Ltd
SHE:002261
|
China | CN¥4.24 Billion |
Ronglian Group Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Ronglian Group Ltd generates 0.89x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Ronglian Group Ltd generates $ 1.24 in net profit.
Ronglian Group Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.50 | 1.49 | 1.52 |
| Quick Ratio | 0.91 | 0.98 | 1.20 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥679.68 Million | CN¥ 641.44 Million | CN¥ 690.48 Million |
Ronglian Group Ltd - Advanced Valuation Insights
This section examines the relationship between Ronglian Group Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 4.84 |
| Latest Market Cap to Assets Ratio | 0.25 |
| Asset Growth Rate (YoY) | -12.7% |
| Total Assets | CN¥2.27 Billion |
| Market Capitalization | $574.03 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ronglian Group Ltd's assets below their book value (0.25 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Ronglian Group Ltd's assets decreased by 12.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Ronglian Group Ltd (2008–2024)
The table below shows the annual total assets of Ronglian Group Ltd from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.27 Billion | -12.66% |
| 2023-12-31 | CN¥2.60 Billion | -18.39% |
| 2022-12-31 | CN¥3.19 Billion | -4.67% |
| 2021-12-31 | CN¥3.34 Billion | +19.88% |
| 2020-12-31 | CN¥2.79 Billion | -24.68% |
| 2019-12-31 | CN¥3.70 Billion | -21.10% |
| 2018-12-31 | CN¥4.69 Billion | -20.64% |
| 2017-12-31 | CN¥5.92 Billion | +27.65% |
| 2016-12-31 | CN¥4.63 Billion | -0.55% |
| 2015-12-31 | CN¥4.66 Billion | +45.16% |
| 2014-12-31 | CN¥3.21 Billion | +48.74% |
| 2013-12-31 | CN¥2.16 Billion | +81.79% |
| 2012-12-31 | CN¥1.19 Billion | +10.81% |
| 2011-12-31 | CN¥1.07 Billion | +184.43% |
| 2010-12-31 | CN¥376.65 Million | +27.48% |
| 2009-12-31 | CN¥295.46 Million | +3.15% |
| 2008-12-31 | CN¥286.44 Million | -- |